How are natural resources and intangible assets accounted for? Why is this important?

Prior to beginning work on this discussion, read Chapter 10 in the textbook. In addition, the MyLab materials listed in the Recommended Resources section this week may provide more in-depth information for this discussion (optional). Write: Make sure your response addressing the following questions is more than 200 words and that you include an in-text citation […]

Identify 2 specific Australian companies that your chosen costing system is suitable for, and explain why.

Assignment Task: You are required to conduct a literature search and critically review a costing system in this assignment. Part A: Choose ONE of the costing systems studied in this unit from the list below, and answer the questions that follow: • Job Costing • Process Costing • Operation Costing (Hybrid Costing) • Activity-based Costing […]

What are the various internal control procedures with respect to cash receipts and payments?

What is internal control and how can it protect a company’s assets? What are the various internal control procedures with respect to cash receipts and payments? When preparing a bank reconciliation, what are the different adjustments that affect the book and bank side? Why do journal entries need to be prepared after completing the bank […]

What are the many elements that go on the balance sheet? What are specific sections of the classified balance sheet, and what goes into each section? What, therefore, can we learn from the balance sheet?

post a well-researched paper on the topic below and cited answer in your own words. 1. What are the many elements that go on the balance sheet? What are specific sections of the classified balance sheet, and what goes into each section? What, therefore, can we learn from the balance sheet?

What choices were/are available and what were/are the costs or trade-offs

Write 2 – 4 paragraphs about the relevance to the industry of fraud. This is where you analyze the article. Consider the following: An identification of the key issues posed by the article or case A list of applicable stakeholders and their rights and obligations What choices were/are available and what were/are the costs or […]

What is internal control and how can it protect a company’s assets?

What is internal control and how can it protect a company’s assets? What are the various internal control procedures with respect to cash receipts and payments? When preparing a bank reconciliation, what are the different adjustments that affect the book and bank side? Why do journal entries need to be prepared after completing the bank […]

Explain the audit procedures for acquisition and disposal of property, plant, and equipment related to the occurrence, accuracy, and completion assertions.

Audit Procedures for Property, Plant, and Equipment Overview In this assignment, you will prepare a 2–3 page professional document that fully addresses the requirements specified in the case. Include at least two current references to scholarly and/or authoritative sources. Instructions Specifically you will need to: 1.Explain the audit procedures for acquisition and disposal of property, […]

Analyze the auditor’s responsibility to determine whether a company can continue as a going concern. From your analysis, propose at least two key factors auditors need to consider when determining an entity’s ability to continue as a going concern. Provide your rationale.

Read The Auditor’s Consideration of an Entity’s Ability to Continue as a Going Concern from AICPA Based on the reading, analyze the auditor’s responsibility to determine whether a company can continue as a going concern. From your analysis, propose at least two key factors auditors need to consider when determining an entity’s ability to continue […]

What information does the auditor obtain by sending bank confirmations? Explain the different types of bank confirmations and what assertions each type addresses. How do you determine which is the best bank confirmation type to use?

Bank confirmations are critical to the cash audit. What information does the auditor obtain by sending bank confirmations? Explain the different types of bank confirmations and what assertions each type addresses. How do you determine which is the best bank confirmation type to use? Only need a couple paragraphs for discussion